This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
1-bedroom, 1-bathroom apartment of 73 m², built in 1999, energy rating B. Located on rua Celso Moreira Coelho, 40, Gandra parish, Paredes municipality, Porto district. Noteworthy Features: The apartment's proximity to CESPU makes it highly attractive for student rentals, ensuring a strong demand in an already competitive rental market.
The valuation. The asking price of €190,000 sits significantly above the fair value of €61,191, indicating an overvaluation of €128,809 (67.8%). This property is overpriced. Buy-to-flip angle. A short-term resale strategy could be challenging given the high purchase price compared to market value, limiting potential profit margins for flipping. Buy-to-let angle. With an estimated gross yield of 3.8% and a monthly rental income of around €602, this apartment could provide steady, although limited, cash flow for long-term rental investors.
Fair value modelled at €61,191 from the area baseline, adjusted for condition and location. Asking €190,000 sits €128,809 (67.8%) above — overpriced versus fair value.
Asking €190,000 versus the rua Celso Moreira Coelho, 40 area baseline of €110,741 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 (Condition 55 · Materials 60 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Celso Moreira Coelho, 40
Area baseline €110,741 + condition -€19,162 + location +€6,770 = modelled fair value of €61,191 (€838/m²), a €128,809 (67.8%) gap versus the €190,000 asking price.
Long-term rental With a gross yield of 3.8%, this 1-bed apartment in Gandra, Paredes significantly exceeds its fair value by 67.8%, indicating it is overpriced. The local market dynamics may limit rental income potential, making it a less attractive long-term investment option. Family rental Given the neighborhood's mixed-family residential nature and a condition score of 58/100, this property may appeal to families, yet its significant price gap suggests it is overpriced. The stability offered by local amenities does provide some rental demand, but the cost does not align with fair market expectations. Buy-and-hold While the suburban area may suggest potential for growth, the substantial gap from the fair value of €61,191 highlights that this property is overpriced for a buy-and-hold strategy. The investment profile is further weakened by the current yield of 3.8%, which does not compensate adequately for the high entry cost.
Economic vulnerability The combined scores of 70 for economic stability and 75 for tenant stability indicate a moderate risk of economic downturn affecting rental income and tenant retention.
